Assignment; Payments Sample Clauses

Assignment; Payments. Security Trustee may at any time sell, assign, transfer or otherwise dispose of its interest in the Sublease, this Assignment, and in the property and security created thereby and hereby, but only in accordance with the express provisions of the Security Agreement other Operative Agreements. Neither Chautauqua nor Owner Trustee shall assign, delegate, pledge or otherwise encumber any of its rights or obligations hereunder except as provided herein.
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Assignment; Payments. The Security Trustee may at any time sell, assign, transfer or otherwise dispose of its interest in the Lease, this Assignment, and in the property and security created thereby and hereby, but only in accordance with the express provisions of the Security Agreement and other Operative Agreements. Republic shall not assign, delegate, pledge or otherwise encumber any of its rights or obligations hereunder except as provided herein.
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Assignment; Payments. The Guarantor hereby consents to the assignment by the Owner Trustee of its rights and interests in this Guaranty Agreement to the Indenture Trustee pursuant the terms and conditions set forth in the Indenture. Notwithstanding a other provision of this Guaranty Agreement to the contrary, all amounts payable hereunder to the Owner Trustee shall be paid by the Guarantor directly to the Indenture Trustee as provided in the Indenture, a copy which has been provided to the Guarantor, for so long as the Indenture has not been discharged in accordance with its terms and thereafter to Owner Trustee. Without limiting the foregoing, the Guarantor hereby further consents and agrees that the Indenture Trustee may make any claim or take any other action or proceeding hereunder either in its ow name or in the name of the Owner Trustee as the Indenture Trustee may deem necessary or appropriate to protect and preserve the right, title interest of the Indenture Trustee and the holders of the Notes outstand under the Indenture in the rights afforded hereby. So long as the Indenture has not been discharged in accordance with its terms, the Guarantor hereby agrees that, except as otherwise provided in the Indenture, the Indenture Trustee shall be entitled to the benefits of the rights of the Owner Trustee (but not th Owner Participant) under this Guaranty Agreement and to enforce all such rights as though the Indenture Trustee were named herein as the Owner Trustee. The Guarantor acknowledges that neither the Indenture Trustee nor any holder of the Notes shall have any obligation to perfor any duty, covenant or condition hereunder, including any duty, covenant or obligation required to be performed by the Owner Trustee. The Guarantor further acknowledges and agrees that the rights of the Indenture Trustee and each holder of the Notes in and to any payments hereunder in respect of obligations assigned by the Owner Trustee to th Indenture Trustee and any other payments due to the Indenture Trustee and each holder of the Notes hereunder shall not be subject to any defense, setoff, or recoupment or reduction of any kind for any reason whatsoever (whether asserted by counterclaim or otherwise). The provisions of this Section 9 shall in no way prohibit or restrict the Guarantor from maintaining any direct cause of action against the Owner Participant, the Owner Trustee, any holder of a Note or the Indenture Trustee for any breach of their respective obligations under any of the Ope...
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Assignment; Payments. The Assignee may at any time sell, assign, transfer or otherwise dispose of its interest in the Lessee Assignment or this Assignment and in the property and security created thereby and hereby, but only in accordance with the express provisions of the Mortgage. The Assignor shall not assign, delegate, pledge or otherwise encumber any of its rights or obligations hereunder.
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Assignment; Payments 
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Related to Assignment; Payments

  • Assignment, Etc The Holder may assign or transfer this Note to any transferee at its sole discretion. This Note shall be binding upon the Company and its successors and shall inure to the benefit of the Holder and its successors and permitted assigns.

  • Assignment Fee Unless the assignment shall be to an affiliate of the assignor or the assignment shall be due to merger of the assignor or for regulatory purposes, either the assignor or the assignee shall remit to Agent, for its own account, an administrative fee of Three Thousand Five Hundred Dollars ($3,500).

  • Assignment; Benefit (a) The rights and obligations hereunder shall not be assignable without the prior written consent of the other parties hereto. Any attempted assignment of rights or obligations in violation of this Section 4.3 shall be null and void.

  • Assignment Agreements Each Bank may, from time to time, with the consent of the Borrower and Agent (which will not in any instance be unreasonably withheld), sell or assign to other banking institutions rated "B" or better by Thomxxxx Xxxk Watch Service a pro rata part of all of the indebtedness evidenced by the Notes then owed by it together with an equivalent proportion of its obligation to make Loans hereunder and the credit risk incidental to the Letters of Credit pursuant to an Assignment Agreement substantially in the form of Exhibit J attached hereto, executed by the assignor, the assignee and the Borrower, which agreements shall specify in each instance the portion of the indebtedness evidenced by the Notes which is to be assigned to each such assignor and the portion of the Commitments of the assignor and the credit risk incidental to the Letters of Credit (which portions shall be equivalent) to be assumed by it (the "Assignment Agreements"), provided that the Borrower may in its sole discretion withhold its consent to any assignment by a Bank to any assignee which has total capital and surplus of less than $200,000,000.00 or to any assignment by a Bank of less than all of its Commitments if as a result thereof the assignor will have Commitments hereunder of less than one half of its assigned Commitments or the assignee will have Commitments hereunder of less than $3,500,000.00 or, after giving effect thereto, there would be more than 10 Banks, further provided that nothing herein contained shall restrict, or be deemed to require any consent as a condition to, or require payment of any fee in connection with, any sale, discount or pledge by any Bank of any Note or other obligation hereunder to a Federal reserve bank. Upon the execution of each Assignment Agreement by the assignor, the assignee and the Borrower and consent thereto by the Agent (i) such assignee shall thereupon become a "Bank" for all purposes of this Agreement with a Commitment in the amount set forth in such Assignment Agreement and with all the rights, powers and obligations afforded a Bank hereunder, (ii) the assignor shall have no further liability for funding the portion of its Commitments assumed by such other Bank and (iii) the address for notices to such Bank shall be as specified in the Assignment Agreement, and the Borrower shall execute and deliver Notes to the assignee Bank in the amount of its Commitments and new Notes to the assignor Bank in the amount of its Commitments after giving effect to the reduction occasioned by such assignment, all such Notes to constitute "Notes" for all purposes of this Agreement, and there shall be paid to the Agent, as a condition to such assignment, an administration fee of $2,500 plus any out-of-pocket costs and expenses incurred by it in effecting such assignment, such fee to be paid by the assignor or the assignee as they may mutually agree, but under no circumstances shall any portion of such fee be payable by or charged to the Borrower.

  • Assignment Agreement The Assignment and Assumption Agreement, dated the Closing Date, between Residential Funding and the Company relating to the transfer and assignment of the Mortgage Loans.

  • Assignment and Benefit (a) This Agreement is personal to the Manager and shall not be assignable by the Manager, by operation of law, or otherwise without the prior written consent of the Company otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Manager’s heirs and legal representatives.

  • Assignment and Transfer The Member may assign or transfer in whole but not in part its limited liability company interest to a single acquiror.

  • Assignment and Transfers Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

  • Assignment of Contract Contractor shall not assign or otherwise transfer its rights under this Agreement, without the prior written consent of Client. Any attempt to make such an assignment without Client's consent shall be void. Client's consent shall not be reasonably withheld.

  • Assignment or transfer fee The New Lender shall, on the date upon which an assignment or transfer takes effect, pay to the Facility Agent (for its own account) a fee of USD 2,500.

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